5 Myths About Business Formation In Dubai

Business formation in Dubai is quite tough and risky. You might have heard stories like that and even watched such stuff in movies. Well, Hollywood and corporate ignorance have both played an important role in creating all such powerful myths about business formation in Dubai. So if you are planning to incorporate a company in Dubai, you must be very careful and make sure that you do not fall for any kind of myths. Let us make you familiar with the top 5 of them. Business formation in Dubai is quite tough and risky. You might have heard stories like that and even watched such stuff in movies. Well, Hollywood and corporate ignorance have both played an important role in creating all such powerful myths about business formation in Dubai. So if you are planning to incorporate a company in Dubai, you must be very careful and make sure that you do not fall for any kind of myths. Let us make you familiar with the top 5 of them.

1.       It is expensive. Of course if you want the company to be formed in a 100AED, then the procedure is quite expensive for you. But, most of the times it requires about 5000 AED to 10000 AED to set up a company in Dubai. This amount includes charges for all the paper work and legal formalities.

2.       Very lengthy and time consuming procedure. Well if you are looking for starting a company and thinking of proceeding with everything all by yourself, then definitely it would take time. Moreover you won’t be aware if you are doing it correctly or not. You must therefore hire professionals for this job who knows just everything about business formation in Dubai. They will help in business incorporation in as little as 72 hours.

3.   Knowledge of business and tax laws is required. Since every country, state and municipality has different rules and regulations, you might also imagine that you should be aware of all of them before you go to form a company in Dubai. However, in place of studying about all of them, if you hire a professional advisor who already has the knowledge of business setup and laws in Dubai, then enough of your time and money will be saved.

4.       Incorrect filing can get you arrested. Many of the movies might have made you believe this myth. But the truth is that if you file incorrectly, then you will be heavily charged instead of being thrown in jail. To avoid this you must hire a business consultant firm that can simplify your company formation in Dubai.

5.       Offshore companies in Dubai are illegal. This is a complete myth shown in many of the Hollywood movies. Starting a company (offshore or in the city) with intent of stealing is of coarse illegal. But setting up an offshore company is absolutely lawful and one of the safest and fastest way to own a business in Dubai.

Contact Adam Global today that has a plenty of experience in incorporating a company in Dubai.

FAQ for a trademark registration process in Dubai

A trademark can be simply sign or symbol that distinguishes your business goods and services from the other traders who sell similar product and services. It is generally a graphic representation in the form of your company’s logo or signature. If you choose and resister your trademark, the brand name or mark will be saved for you and no other company will be allowed to use the same logo or mark to sell their products or services. Here we shall be taking a look at the frequently asked questions that may also come across your mind during the Dubai trademark registration process.

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